Rep. Marjorie Taylor Greene Buys QUALCOMM Incorporated (NASDAQ:QCOM) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of QUALCOMM Incorporated (NASDAQ:QCOM). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in QUALCOMM stock on April 8th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 4/9/2025.

QUALCOMM Stock Performance

Shares of NASDAQ:QCOM traded up $0.24 on Tuesday, hitting $139.43. The company’s stock had a trading volume of 1,104,064 shares, compared to its average volume of 8,843,459. The company has a market capitalization of $154.21 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28. The stock’s 50-day moving average is $155.76 and its two-hundred day moving average is $161.16. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $230.63. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.99 and a current ratio of 2.62.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.93 by ($0.07). QUALCOMM had a return on equity of 39.51% and a net margin of 25.94%. On average, equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Hedge Funds Weigh In On QUALCOMM

Institutional investors have recently bought and sold shares of the business. WFA Asset Management Corp bought a new stake in QUALCOMM during the 1st quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of QUALCOMM in the fourth quarter valued at approximately $26,000. Banque Transatlantique SA acquired a new position in QUALCOMM during the 4th quarter worth $26,000. CKW Financial Group bought a new position in QUALCOMM in the 4th quarter valued at $27,000. Finally, Centricity Wealth Management LLC acquired a new position in shares of QUALCOMM during the fourth quarter valued at $29,000. Institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 648 shares of QUALCOMM stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of $141.11, for a total transaction of $91,439.28. Following the completion of the sale, the chief financial officer now owns 56,445 shares of the company’s stock, valued at approximately $7,964,953.95. The trade was a 1.13 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alexander H. Rogers sold 19,287 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $169.83, for a total value of $3,275,511.21. Following the completion of the transaction, the insider now directly owns 20,762 shares in the company, valued at approximately $3,526,010.46. This trade represents a 48.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,666 shares of company stock worth $5,047,052 over the last 90 days. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the subject of several research analyst reports. Cantor Fitzgerald restated a “neutral” rating and issued a $160.00 price objective on shares of QUALCOMM in a report on Thursday, February 6th. Evercore ISI lowered their price objective on shares of QUALCOMM from $199.00 to $179.00 and set an “in-line” rating on the stock in a research note on Thursday, February 6th. TD Cowen reduced their target price on shares of QUALCOMM from $195.00 to $160.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Citigroup decreased their price target on shares of QUALCOMM from $185.00 to $145.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Mizuho reduced their price objective on QUALCOMM from $245.00 to $215.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $201.21.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.